Think You Were Missold Your Endowment Complain Now!!!! [CLOSED]

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  • dunstonh
    dunstonh Posts: 116,387 Forumite
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    Would anyone like to suggest what I can do now, I am so worried.

    If you are that worried then you should cash it in, pay the value off the mortgage and switch to repayment basis.

    Switching to "secure" funds (although a 10% loss suggests cautious more than secure) is likely to worsen the problem, not cure it as the potential for returns over the next 6 years is likely to be on the medium to higher risk funds. Secure funds are less likely to hit the target growth rate.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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